The proposed bill, General Assembly Proposed Bill No. 499, aims to amend title 12 of the general statutes to exempt disabled veterans from the payment of property taxes. This legislative change is intended to provide financial relief to veterans who have been disabled, recognizing their service and sacrifices.

The bill introduces new legal language that specifically states the exemption for any veteran who is disabled, while there are no deletions from the current law mentioned in the text. The overall purpose of the bill is to support disabled veterans by alleviating the burden of property taxes.